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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Michael Scher
Senior Editor

Elizabeth K. Spahn Contributing Editor

Julie DiMauro Contributing Editor

Eric Carlson Contributing Editor

Michael Kuria Contributing Editor

Thomas Fox Contributing Editor

Philip Fitzgerald Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Brook Horowitz Contributing Editor

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FCPA Blog Daily News

Tuesday
Sep302014

Agilent Technologies China probe ends in double declination

Agilent Technologies said in a securities filing Monday that a year-long FCPA investigation into sales practices in China by third-party intermediaries and company employees ended this month, with both the SEC and DOJ saying they wouldn't bring an enforcement action.

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Tuesday
Sep302014

The much misunderstood Miscellaneous Receipts Act (Part 2)

Image courtesy of the U.S. governmentWe explained in the prior post that the MRA is a seemingly absolute bar to using settlement money to fund community programs (or anything else, for that matter). After all, the statute is unequivocal: any government official “receiving money for the Government from any source shall deposit that money with the Treasury.”  31 U.S.  § 3302(b).

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Tuesday
Sep302014

Collective Action: A new approach to combat corruption (Part 6)

In parts 4 and 5 of this series, I outlined how awareness-raising activities, education and declarations are an important step towards changing the game in markets, by making sure there is a common understanding of what corruption is.

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Tuesday
Sep302014

Avon wins dismissal of shareholder suit based on alleged China bribes

A federal court Monday dismissed a securities fraud lawsuit against Avon Products that alleged the company concealed that it didn't stop bribery in China because doing that would have hurt its business there.

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Monday
Sep292014

FDIC orders compliance makeover at Burke & Herbert Bank

CEO Hunt Burke (Image courtesy of Burke & Herbert Bank)Burke & Herbert Bank & Trust must develop a new top-to-bottom compliance program and hire people to run it under the terms of an order issued by the Federal Deposit Insurance Corporation.

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Monday
Sep292014

Open letter to the ‘New Walmart’ about Delaware litigation

Image courtesy of Walmart Stores IncWalmart has not produced any of the files ordered released by the Delaware Supreme Court in its July 23 opinion. The Delaware case could be dismissed in a chain reaction involving a similar case in Walmart’s home state, Arkansas, before any files are produced.

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Monday
Sep292014

WSJ: Money laundering probe could hold up Commerzbank sanctions settlement

Image courtesy of CommerzbankThe U.S. Attorney in Manhattan is investigating Germany's  Commerzbank AG for alleged violations of money-laundering laws, the Wall Street Journal reported Friday.

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Monday
Sep292014

The much misunderstood Miscellaneous Receipts Act (Part 1)

We’ve heard it so many times:  the Miscellaneous Receipts Act prohibits federal enforcement agencies from doing anything with settlement money other than depositing 100% of it in the U.S. Treasury.

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Monday
Sep292014

Job: AUSA, Eastern District of Michigan

Job Title: Assistant U.S. Atorrney

Location: Detroit, Michigan

Employer: U.S. Attorneys Office, Eastern District of Michigan

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Friday
Sep262014

Canada mulls 10-year ban against H-P for government supply following U.S. guilty plea

Hewlett-Packard Co. is facing a possible 10-year ban on selling products and services to the Canada government following a guilty plea earlier this month to criminal FCPA charges by a Russian subsidiary.

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